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  • $219,900

    508 W Market St, Steamboat Rock, IA 50672

    --beds
    0baths
    9,924sqft
    : 
    $1,697/mo
    Get pre-qualified
    Multi Family
    Built in 2021
    -- sqft lot
    $216,600 Zestimate®
    $22/sqft
    $-- HOA

    What's special

    Event center roomEntire apartmentSpacious game roomAdaptable office spacesComplete kitchenOutdoor patioPrivate garage parking
    Thriving Bar & Event Center with Multiple Income Streams! Step into a fantastic opportunity with this successful bar and event center in a prime location! Featuring over 9900 sq ft of space & 2 garages. This vibrant venue offers an operable bar that will remain open until the new owner takes over, ensuring a seamless transition and continuous income. The property features a bar and spacious game room that draws regular visitors and keeps the atmosphere lively. The event center room provides an excellent space for private parties, corporate events, and live entertainment, further enhancing your profit potential. Two generous storage rooms with garage doors offer ample space for inventory and equipment. At the same time, the potential for a complete kitchen behind the bar opens the door to food service opportunities. Additionally, the Golf Simulator Room (Pro-Series widescreen, RARE $85,000+ value) presents an exciting extra income stream—perfect for hosting tournaments or renting out to enthusiasts. With regular events such as live bands and food truck nights, this venue will attract a diverse crowd and keep the customers coming back. Located on the west side of the bar, an entire apartment or adaptable office spaces provide the option for additional rental income or convenient living quarters for the owner/operator. The exterior hosts a large beer garden & outdoor patio, rear entrance, and private garage parking.
    341 days
    |
    134
    |
    12
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Gabrielle Mitchell 319-243-5443,

    Oakridge Real Estate

    Source: NoCoast MLS as distributed by MLS GRID,MLS#: 6330971MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0
      Heating
      • Forced Air
      Features
      • Basement: Full
      • Has fireplace: No
      Interior area
      • Total interior livable area: 9,924 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage
      • Garage spaces: 2
      Accessibility
      • Accessibility features: No Stairs Internal, No Stairs External
      Features
      • Stories: 1
      Lot
      • Size: 0.54 Acres
      Details
      • Parcel number: 881928253014

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Other
      • Property subtype: Multi Family
      Materials
      • Brick, Metal Siding
      Condition
      • Year built: 2021

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      HOA
      • Has HOA: No
      • HOA name: HRTI
      Location
      • Region: Steamboat Rock

      Financial & listing details

      • Price per square foot: $22/sqft
      • Tax assessed value: $182,430
      • Annual tax amount: $5,041
      • Date on market: 8/19/2025
      • Cumulative days on market: 913 days
      Gabby Mitchell

      (319) 243-5443

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        Estimated market value

        $216,600

        $206,000 - $227,000

        $964/mo

        Price history

        DateEventPrice
        3/6/2026Price change$219,900-26.5%$22/sqft
        Source: NoCoast MLS as distributed by MLS GRID #6330971 Report a problem
        9/19/2025Price change$299,000-14.6%$30/sqft
        Source: NoCoast MLS as distributed by MLS GRID #6330971 Report a problem
        8/19/2025Listed for sale$350,000+900%$35/sqft
        Source: NoCoast MLS as distributed by MLS GRID #6330971 Report a problem
        3/6/2013Sold$35,000$4/sqft
        Source: NoCoast MLS as distributed by MLS GRID #5345834 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,740 +3.4%$182,430 +11.6%
        2024$3,616 +30.3%$163,530
        2023$2,776 +397.5%$163,530 +29.8%
        2022$558 -17.9%$126,020 +316.3%
        2021$680 -38.4%$30,270 -12.3%
        2020$1,104 +10.4%$34,530
        2019$1,000 -3.7%$34,530
        2018$1,038 +2.2%$34,530
        2017$1,016 +65.5%$34,530
        2016$614 +23.8%$34,530 +24%
        2015$496 +3.3%$27,850
        2014$480 -47.8%$27,850
        2013$920 +212.9%--
        2012$294 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 50672

        Getting around

        24 / 100
        Car-Dependent
        18 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating